Aug 15, 2024 | Markets
Futures drop below $94 as China steelmakers reduce production Top mill China Baowu sounds alarm about industry’s troubles Iron ore hit the lowest level since 2022 on concern that global supply is running ahead of demand, with China’s steelmakers mired in a crisis and...
Aug 14, 2024 | Markets
Campaigns and PACs are spending earlier than in prior years Harris’ entrance into race has changed Trump group ad strategy The entry of Vice President Kamala Harris into the presidential race is injecting millions of dollars worth of television ads daily into an...
Aug 14, 2024 | Markets
Alibaba overtakes JD.com as Scion’s top holding as of June 30 Firm unloaded positions in HCA Healthcare, Cigna, Citigroup Michael Burry, the hedge fund manager famous for his 2008 bet against the US housing market, further increased his stake in Alibaba Group Holding...
Aug 14, 2024 | Markets
Consumer prices rose 4.0% in July; 263.4% from year-ago month The government paused the removal of energy subsidies in July Argentina’s monthly inflation reached the lowest level since early 2022 after President Javier Milei briefly tapped the brakes on his economic...
Aug 14, 2024 | Markets
Lower grain prices help sectors offset a downturn in beef Meat producer’s shares jump to highest level in two years JBS SA shares surged to a fresh two-year high after a major rebound in the company’s chicken and pork operations drove stronger-than-expected results....
